Great Quest Intersects One Metre of 65.32 g/t Gold in Hole KN 35-06 and One Metre of 20.71 g/t Gold in Hole KN 36-06

By Great Quest |
Jul 05, 2006

VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSX Venture Exchange: GQ), is very pleased to announce results of the next three holes on the Djambaye 2 gold zone within the Kenieba concession in western Mali, West Africa. Below a

During the 2005 and 2006 programs, the Djambaye 2 gold zone was intersected in 32 of 34 holes. These drill holes tested the zone over only 1,100 m of its known length of 3,131 m. The zone is still open to the south. The deepest intersection of the zone was at 110 m. To put this in perspective, the Djambaye 2 zone shares many characteristics with Nevsun Resources' Tabakoto gold deposit, which is currently being mined and is only 8 km northeast of the Djambaye 2. The open pit on the Tabakoto deposit is expected to be 205 m deep, and the zone has been intersected as deep as 600 m.

Once the results are in, the Company plans to do a mineral reserve study. The Kenieba concession is in a 20 by 200 km block which covers 5 gold deposits, 4 gold mines and where over 30 million ounces of gold has already been found. The area has not been fully explored, and expectations are high that additional gold deposits will be discovered.

The drill core samples were submitted to Abilab Afrique d'l'Ouest SARL (Abilab) which is located in Bamako, Mali. Most of the samples were assayed by means of fire assay with atomic absorption finish. Where visible gold was seen, the assays were completed through pulp metallic sieve analysis which is a more thorough method that helps to reduce the problems associated with the nugget effect of gold. Carl Verley (P. Geol.), the Qualified Person pursuant to NI 43-101, has reviewed the contents of this news release.

The TSX Venture Exchange has neither approved nor disapproved the information enclosed in this release. The statements that are not historical facts and are forward-looking statements involving known and unknown risks and uncertainties that could cause actual results to vary materially from the targeted results.